SkillAI · The Beam
Compensation Analysis
1/28 concepts·~11 h left
1
Phase 011/4 · ~1.5 h left
Step 1: Understand the Basics of Compensation Analysis
Compensation Analysis25 min
✓Total Rewards25 min
Market Pricing25 min
Job Evaluation25 min
2
Phase 020/4 · ~1.5 h left
Step 2: Learn about Compensation Surveys and Data Sources
Compensation Surveys25 min
Data Sources25 min
Survey Participation25 min
Data Analysis25 min
3
Phase 030/4 · ~1.5 h left
Step 3: Develop Job Descriptions and Job Evaluation Methods
Job Descriptions25 min
Job Evaluation Methods25 min
Job Ranking25 min
Point Factor Evaluation25 min
4
Phase 040/4 · ~1.5 h left
Step 4: Conduct Market Pricing and Benchmarking
Market Pricing25 min
Benchmarking25 min
Salary Ranges25 min
Competitive Analysis25 min
5
Phase 050/4 · ~1.5 h left
Step 5: Analyze Internal Pay Equity
Internal Pay Equity25 min
Pay Structure25 min
Pay Grades25 min
Salary Compression25 min
6
Phase 060/4 · ~1.5 h left
Step 6: Design and Implement Compensation Programs
Compensation Programs25 min
Base Salary25 min
Incentive Plans25 min
Benefits25 min
7
Phase 070/4 · ~1.5 h left
Step 7: Monitor and Evaluate Compensation Effectiveness
Compensation Effectiveness25 min
Metrics and Analytics25 min
Performance Management25 min
Employee Satisfaction25 min
